SoftBank eyes investment in Hellobike

November 8, 2018

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Transportation | Shanghai, China

Bike rental company Hellobike is in talks with SoftBank to raise a new round of funding, per The Information. Hellobike has secured more than $1 billion in equity funding to date, including a $321 million round in June led by Alibaba affiliate Ant Financial that propelled it into the unicorn club.